financetom
Technology
financetom
/
Technology
/
US chipmaker AMD opens its largest global design centre in Bengaluru
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
US chipmaker AMD opens its largest global design centre in Bengaluru
Nov 28, 2023 9:00 AM

US chipmaker AMD on Tuesday inaugurated its largest global design centre in Bengaluru, expanding its research, development, and engineering operations in India. The state-of-the-art campus plans to host approximately 3,000 AMD engineers in the coming years, and is focused on the design and development of semiconductor technology, including 3D stacking, artificial intelligence and machine learning, the company said in a press release.

According to AMD, its 'Technostar' campus has been set up as part of the company’s USD 400 million investment in India over the next five years, which it had announced at Semicon India 2023 in July. Union Minister for Telecommunications, Electronics and Information Technology Ashwini Vaishnaw inaugurated the facility.

"India’s semiconductor programme lays strong emphasis on supporting the design and talent ecosystem for semiconductors," he was quoted as saying in the release.

"AMD setting up its largest design centre in Bengaluru is a testament to the confidence global companies have in India," he added.

AMD top officials, including Executive Vice President and Chief Technology Officer Mark Papermaster, Senior Vice President of GPU technologies and Engineering David Wang, Senior Vice President of Central Engineering Brian Amick, and Chief Software Officer and Senior Vice President of GPU technologies Andrej Zdravkovic were present, along with other members of the AMD India leadership team.

The campus will serve as a centre of excellence for the development of leading products for high-performance CPUs for data centres, PCs, gaming GPUs, and adaptive SoCs and FPGAs for embedded devices, the release said.

AMD added, "The 500,000-square-foot campus and office space celebrates Indian art and craft, with huddle spaces and conference rooms designed to foster collaboration and creativity. The space features modern R&D labs spread over 60,000 square feet, and a large demo centre for visitors to experience AMD products and solutions."

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Deals of the day-Mergers and acquisitions
Deals of the day-Mergers and acquisitions
Aug 19, 2024
Aug 19 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Monday: ** AMD said it plans to acquire server maker ZT Systems for $4.9 billion as the company seeks to expand its portfolio of artificial intelligence chips and hardware. ** Japan's Seven & i ( SVNDF ) said it had received a preliminary...
Deep Dive Into UiPath Stock: Analyst Perspectives (16 Ratings)
Deep Dive Into UiPath Stock: Analyst Perspectives (16 Ratings)
Aug 19, 2024
During the last three months, 16 analysts shared their evaluations of UiPath ( PATH ) , revealing diverse outlooks from bullish to bearish. The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective. Bullish Somewhat Bullish...
AMD to acquire server builder ZT Systems for $4.9 billion in cash and stock
AMD to acquire server builder ZT Systems for $4.9 billion in cash and stock
Aug 19, 2024
Aug 19 (Reuters) - AMD on Monday said it plans to acquire server maker ZT Systems for $4.9 billion as the company seeks to expand its portfolio of artificial intelligence chips and hardware and battle Nvidia ( NVDA ). AMD plans to pay for 75% of the ZT Systems acquisition with cash and the remainder in stock. The company had...
AMD to acquire server builder ZT Systems for $4.9 billion in cash and stock
AMD to acquire server builder ZT Systems for $4.9 billion in cash and stock
Aug 19, 2024
(Reuters) -AMD on Monday said it plans to acquire server maker ZT Systems for $4.9 billion as the company seeks to expand its portfolio of artificial intelligence chips and hardware and battle Nvidia. AMD plans to pay for 75% of the ZT Systems acquisition with cash and the remainder in stock. The company had $5.34 billion in cash and short-term...
Copyright 2023-2024 - www.financetom.com All Rights Reserved